Most people know cashless and digital payments like the back of their hand. Digital transactions are now so common even the small tea shop at a street corner accepts UPI payments. There are several payments app which are now available in the market. One of the most popular payments app is Google Pay. However, today we will talk about the alternatives of Google Pay.
Before we begin, let us first take a look at the advantages and disadvantages of online payments app.
|Advantages of online payments app||Disadvantages of online payments app|
|Convenience is the biggest advantage. Payment apps make transactions smooth and a matter of seconds.||Sometimes, they can cause huge transactional issues for offline payments.|
|You can automate your payments as per your requirements.||Money will keep getting deducted unless you remember to disable this feature as required.|
|Low risk of theft during transaction as money can be reprocessed straight to your bank account in case of transaction failure.||Since your account is directly connected to the payments app it puts your account at a risk of Internet phishing fraud.|
|Customer service provided by the payments app can help resolve your issues quickly.||Customer service sometimes is unsuccessful in timely resolution of transaction failures.|
What are the alternatives for Google Pay?
Here are a few apps which can be a great alternative for Google Pay:-
- Paytm :- Without a doubt, it is one of the most popular payments app used in India. It was initially launched as an e-wallet. Paytm now is one of the most expansive apps which now includes an option to make digital investments in stocks, gold and mutual funds.
- Apple Pay : – Apple Pay works within the Apple ecosystem only. But, it works pretty much like all other payment apps only. Users need to link a credit or debit card for using it.
- Amazon Pay :- It is one of the most popular payment apps apart from Paytm. Amazon Pay not only facilitates digital payments but also offers great discounts to its users while shopping from the Amazon app. It can be used for payment of bills, online shopping on other websites amongst a host of other things.
- Samsung Pay :- In addition to most Galaxy devices, Samsung Pay can also be used with systems that use Google Pay. It works with all cards like Amex, Discover, Visa and MasterCard.
- BHIM :- It is a completely indigenous app and is compatible with both iOS and Android. It also possesses all the features of other payments apps and is supported in 16 Indian languages.
You really do not have anything to worry about incase you are not comfortable using Google Pay. There are a number of other apps that you can try. You can easily automate monthly payments and many apps even offer rewards and cash back too! But, since security is a concern while making transactions on the Internet be careful while linking you account information or your debit/credit card.